CLO Operations - Chicago/Boston

Location: Chicago / Boston
Role Type: Full Time

We have an exciting opportunity to work with one of our prestigious clients within the Collateralized Loan Obligations (CLO) space. The ideal candidate will have a minimum of 2 years’ relevant financial experience, specifically with CLO/CDO knowledge.

Key responsibilities:  

• Review and interpret CDO indenture documents to extract relevant compliance requirements.

• Monitor and manage the lifecycle of CLO transactions, including asset reconciliation, reporting, and cash flow administration.

• Settle bond/bank loan trades & invest excess cash, as directed by Portfolio Manager.

• Review and interpret transaction documents to ensure compliance with legal and operational standards.

• Prepare and deliver investor reports, payment calculations, and waterfall distributions in a timely and accurate manner.

• Coordinate with trustees, custodians, rating agencies, and portfolio managers to address transaction-related inquiries or issues.

• Maintain accurate records of asset-level activity, collateral performance, and deal-specific information.

• Track asset attributes including accrual information, rating, and industry codes.

• Conduct regular reconciliations of accounts to ensure data accuracy and completeness.

• Assist in onboarding new transactions and ensuring a smooth transition for all stakeholders.

• Identify and resolve discrepancies or errors in data and calculations.

• Stay updated on market trends, regulatory requirements, and industry best practices to enhance operational efficiency.